Sure.
Step 1
Create a background layer. Fill with any color you like.
Create a new layer.
Add in your text.
[ATTACH]74749[/ATTACH]
Add a white stroke to your text using a layer style.
[ATTACH]74750[/ATTACH]
Step 2
Create a new layer above the text layer.
Cmd/Cntrl + Mouse click on the text layers thumbnail to make a selection.
[ATTACH]74751[/ATTACH]
Use your Brush Tool and a grunge brush to make the grunge effect in the text.
Hit Cmd/Cntrl + D to deselect.
[ATTACH]74752[/ATTACH]
Step 3
Create a new layer below the text layer.
Cmd/Cntrl + Mouse click on the text layers thumbnail to make a selection.
Go to SELECT > MODIFY > EXPAND enter a value. I used 16.
Your selection should now look like this.
[ATTACH]74753[/ATTACH]
Fill this selection with black.
[ATTACH]74754[/ATTACH]
Step 4
On the same layer we just created, grab your Rectangular Marquis Tool and make
a selection like in the image below......
[ATTACH]74755[/ATTACH]
Hit Cmd/Cntrl + T to enter free transform.
Grab the middle bottom control handle and stretch out the bottom section like this......
[ATTACH]74756[/ATTACH]
Right click inside the transform box and select PERSPECTIVE.
[ATTACH]74757[/ATTACH]
Grab the bottom right control handle and move it to the left.
[ATTACH]74758[/ATTACH]
Hit the Check mark or the enter key when your done.
Your image should look like this....
[ATTACH]74759[/ATTACH]
Step 5
On that same layer add a yellow stroke using a layer style.
[ATTACH]74760[/ATTACH]
[ATTACH]74761[/ATTACH]
